Banking

5 Common Misconceptions About FDIC Insurance

by Laura Adams December 15, 2010

FDIC insurance might not be the sexiest personal finance topic, but it’s an important one. Many people know that banks have federal insurance, but they may not know the details about what’s covered and what isn’t. Unfortunately, bank failures continue to occur—over 150 institutions have closed their doors since the beginning of 2010. The FDIC, […]

Read the full article →

PerkStreet $25 New Account Bonus

by Ryan Guina December 10, 2010

Note: This offer has expired and is no longer be available. PerkStreet has since stopped accepting new customers. Here is a list of recommended free online checking accounts. If you count yourself among those who are avoiding credit cards, then you probably use a debit card for most major purchases and online shopping. Debit cards […]

Read the full article →

Dave Ramsey Recommends PerkStreet Financial Rewards Debit Card

by Ryan Guina September 27, 2010

If you know anything about Dave Ramsey, you should know this: He hates debt, and he hates credit cards. And with good reason. He made some poor financial decisions in his younger days and lost a multi-million dollar real estate portfolio he had built. He was living beyond his means and he took on too […]

Read the full article →

SmartyPig Lowers Interest Rates – Is Their Business Model Sustainable?

by Ryan Guina September 6, 2010

When SmartyPig launched a couple years ago, they created a big splash because their interest rates were quite a bit higher than most other savings accounts at a time when interest rates were continually dropping. Over the last year, SmartyPig has maintained consistent interest rates, with the exception of 2 months ago when they bucked […]

Read the full article →

Credit Unions vs Banks – How they Differ and What It Means to You

by Contributor August 13, 2010

If you’re looking for a checking account, an auto loan or another banking service, don’t forget to include credit unions in your search. Credit unions are similar to banks, and they offer many of the same financial services. You will often find that credit unions have better rates and customer service. However, credit unions have […]

Read the full article →

USAA Auto Circle and Home Circle

by Ryan Guina August 7, 2010

USAA recently flew me and several other military bloggers down to their headquarters in San Antonio to get a sneak peak at two of their new iPhone applications, the USAA Auto Circle and USAA Home Circle. These new iPhone apps are great tools, but before I get into the details, I want to thank USAA […]

Read the full article →

How Do Banks Make Money by Offering High Interest Rates?

by Ryan Guina July 20, 2010

Have you ever wondered how banks can offer higher than average interest rates on savings or checking accounts? Banks are in the business of making money, even if that means taking a loss sometimes. While that might sound counter-intuitive, it often works out well in the long run. Take a look SmartyPig and PerkStreet Financial, […]

Read the full article →
.